Live Oak Bancshares
75 hedge funds and large institutions have $272M invested in Live Oak Bancshares in 2017 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
17% more capital invested
Capital invested by funds: $233M → $272M (+$39.5M)
3% more funds holding
Funds holding: 73 → 75 (+2)
1.64% more ownership
Funds ownership: 36.01% → 37.65% (+1.6%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$13.5M |
| 2 |
Goldman Sachs
New York
|
+$2.03M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.6M |
| 4 |
RA
Royce & Associates
New York
|
+$1.31M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.62M |
| 2 |
Renaissance Technologies
New York
|
-$2.04M |
| 3 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$845K |
| 4 |
Two Sigma Investments
New York
|
-$693K |
| 5 |
BCM
Basswood Capital Management
New York
|
-$541K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Two Sigma Investments
New York
| – | -$693K | -32,029 | Closed |
|
|
BCM
77
Basswood Capital Management
New York
| – | -$541K | -25,000 | Closed |
|
78
JP Morgan Chase
New York
| – | -$300K | -13,868 | Closed |
|
|
BBHC
79
Brown Brothers Harriman & Co
New York
| – | -$32K | -1,500 | Closed |
|
|
DAM
80
Delta Asset Management
Memphis,
Tennessee
| – | -$15K | -700 | Closed |
|
81
Barclays
London,
United Kingdom
| – | -$7.75K | -324 | -96% |
|
|
MAM
82
Meeder Asset Management
Dublin,
Ohio
| – | -$6K | -259 | Closed |
|
LOB Hedge Fund Activity: Q2 2017 in Review
75 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Live Oak Bancshares (LOB) for Q2 2017, worth a combined $272M — up 17% from $233M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new LOB positions and 7 closed out — a net gain of 3 holders — while 26 added to existing stakes and 21 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $13.5M. The largest seller was Wellington Management Group, cutting an estimated $3.62M.
- 75 institutional investors held Live Oak Bancshares (LOB) as of Q2 2017, up from 73 in Q1 2017.
- Funds reported $272M of Live Oak Bancshares stock for Q2 2017, up 17% quarter-over-quarter.
- 10 funds opened new Live Oak Bancshares positions in Q2 2017 and 7 closed out, a net change of +3 holders.
- The largest Live Oak Bancshares buyer in Q2 2017 was T. Rowe Price Associates, an estimated $13.5M added.
- The largest Live Oak Bancshares seller in Q2 2017 was Wellington Management Group, an estimated $3.62M sold.
Based on aggregated 13F filings for Q2 2017.